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Obama admits misstep on housing, extends help to jobless homeowners - The Washington Post - 0 views

www.washingtonpost.com/...gIQAGCq91H_story.html

obama housing homeowners foreclosure banks HAMP error admits mistake

shared by avivajazz jazzaviva on 31 Jul 11 - No Cached

avivajazz jazzaviva on 31 Jul 11

The Obama administration said Thursday it would require lenders to allow unemployed homeowners to delay their monthly payments for up to a year without threat of foreclosure.

<div class="cArrow"> </div><div class="cContentInner">The Obama administration said Thursday it would require lenders to allow unemployed homeowners to delay their monthly payments for up to a year without threat of foreclosure.</div>

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COVER Home Repair // ReCOVER Store // White River Junction, VT - 0 views

www.google.com/url

low-income volunteers charity assistance socialservices homerepair home repair repairs homes homerepairs help poverty poor unemployed homeowners

shared by avivajazz jazzaviva on 13 Aug 09 - No Cached

In Homeowners' Latest Woe, Banks Are Abandoning Foreclosed Homes to Litter Neighborhood... - 0 views

www.nytimes.com/...30walkaway.html

show me the note foreclosures foreclosure mortgages mortgage-holders missing notes missing documents original bank invalid

shared by avivajazz jazzaviva on 15 Oct 09 - Cached

avivajazz jazzaviva on 15 Oct 09

The way mortgages are bundled and resold, it can be enormously time-consuming just trying to determine what company holds the loan on a property thought to be in foreclosure. ___In Ms. James's case, the company that was most recently servicing her loan is now defunct. Its parent company filed for bankruptcy and dissolved. And the original bank that sold her the loan said it could not find a record of it.

<div class="cArrow"> </div><div class="cContentInner">The way mortgages are bundled and resold, it can be enormously time-consuming just trying to determine what company holds the loan on a property thought to be in foreclosure. ___In Ms. James's case, the company that was most recently servicing her loan is now defunct. Its parent company filed for bankruptcy and dissolved. And the original bank that sold her the loan said it could not find a record of it.</div>

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